Debt buildup in the Saudi economy will remain in focus. However, S&P expects its growth to be gradual and concentrated with companies in the PIF portfolio. Moreover, the report expects real...... continue reading
Saudi Arabia, a country historically synonymous with oil production, is making strides toward sustainability. Once reliant solely on its vast oil reserves, it is now embracing...... continue reading
Minister of Justice Dr. Walid Al-Samaani emphasized that Saudi Arabia is going through a phase of major legislative development and reforms, led by Crown Prince and Prime Minister Mohammed bin...... continue reading
This ambitious project involves carefully planned afforestation initiatives across the Kingdom over many years. In 2022, 18 million trees had already been planted. By December 2023, this...... continue reading
The move is intended to lure business from international financial centers like Hong Kong and Singapore and particularly nearby Dubai. And bankers say Saudi pressure to expand...... continue reading
Various reforms have been implemented to enhance the business climate, create jobs, and invite investment into the country. Under this initiative, Saudi Arabia is preparing its...... continue reading
The first goal of Vision 2030 is to cultivate a content and fulfilled society, laying the foundation for the attainment of economic prosperity. ...... continue reading
“I don’t think I’ve ever met anyone who believed it would be built as conceived, Saudis included,” Jim Krane, energy research fellow at Rice University’s Baker Institute, told The New...... continue reading
The Crown Prince participated on Sunday in a Special Dialogue session at the World Economic Forum Special Meeting in Riyadh, attended by global leaders from government, business, and academia. During the...... continue reading
“Today the economy in the kingdom is growing faster, but we don’t want to overheat it. We don’t want to deliver these projects at the cost of importing too...... continue reading
Saudi Arabia’s Finance Minister Mohammed Al Jadaan on Sunday said the kingdom would adapt to current economic and geopolitical challenges and “downscale” or “accelerate” some of...... continue reading
“Saudi Vision 2030’s objectives are on track at 87%”, the Saudi minister assured, indicating that there is still a bundle of challenges that requires modifying some projects, accelerating a number of them, and...... continue reading